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Rights Issue and Shortfall
Tantalex Begins Extraction Operations in Congo
Tantalex Resources (CSE:TTX) announced the start of tantalum extraction operations in the Republic of Congo. The company has also hired ALS GLOBAL at Johannesburg and Vancouver, one of the world’s largest and most diversified testing services providers, to conduct independent product quality testing.
Tantalex Resources (CSE:TTX) announced the start of tantalum extraction operations in the Republic of Congo. The company has also hired ALS GLOBAL at Johannesburg and Vancouver, one of the world’s largest and most diversified testing services providers, to conduct independent product quality testing.
As quoted in the press release:
TANTALEX began extraction operations in the North part of ROC with a team of approximately 20 workers as well as local geologists and management currently on site. Ongoing monthly extraction is initially set between 600 to 800 kilos of ore in order to test workflows, certification procedures, traceability technology and logistical systems.
The onsite team is concurrently working on the installation and the start-up of semi-industrial equipment and the necessary infrastructure with the goal to increase the extraction output numbers to sustainable commercial levels in the short term.Initial quantities (5kg) of ore were already delivered to the Company’s customers for quality assessment and testing.
Click here to read the Tantalex Resources (CSE:TTX) press release
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